active Listed As-Is

5817 Sunset Avenue, Panama City, FL 32408

$749,999

Reduced $149,001 from the original list price of $899,000

4Beds
3Baths
1,988Sq Ft
0.14Acres
2020Year Built
—/moHOA
On site 105 days — 104 days cumulative across relistings
See the full community guide Lower Grand Lagoon Beachfront →

Details

Coastal style · 2 garage spaces · Unfurnished · Short-term rental allowed

Nearby Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Property Details

fiber cement siding, wood frame construction · garage, garage door opener parking · Currently occupied

About This Home

''Limited-Time Turn-Key Opportunity: Seller is offering ALL high-end furnishings included at no extra cost with a full-price offer accepted within the next 14 days!'' This newer construction offers flexible living options with a main home and an independent suite ideal for multi-generational living or income generation. Welcome to the ultimate coastal setup and a massive financial opportunity--with absolutely NO HOA fees! Perfectly situated in a highly desirable pocket of Lower Grand Lagoon, this newer construction property puts you in the ultimate sweet spot: perfectly nestled between the open waters of the Grand Lagoon and the world-famous white sand beaches of the Gulf. Sitting safely in unincorporated Bay County also keeps your property taxes lower and your property rights greater than inside city limits, offering highly favorable, flexible rental rules and zoning. You have the ultimate freedom to park your toys and run your property your way. You are centrally located to the area's best dining and entertainment, you are also just a short drive to the award-winning St. Andrews State Park--a pristine paradise where you can completely escape into nature and enjoy true solitude. On top of the unbeatable location, you are just 3 blocks from the premier boat ramp in the area, letting you get from your driveway to the water in minutes. Offering a generous 2,002 square feet of modern interior living space, this property is masterfully designed as two separate, independent dwellings. This creates the perfect layout to live comfortably in the larger, spacious upper main home while generating immediate passive income from the independent lower suite. The lower dwelling is a proven cash-flow producer with a verified annual rental history and an upward-trending trajectory. Furniture is negotiable, making this the perfect turnkey setup to immediately jumpstart your rental stream or move right in with many brand-new items already in place. The property also boasts a massive, fully finished 700-square-foot oversized double garage engineered to double as an incredible recreation area or game room. Outside, the heavy-duty, extra-wide 49' length x 25' width driveway is custom-built to effortlessly park a large boat trailer, center console, or full-sized RV with room to spare, complete with a professional dedicated 50-amp electric hookup to power your rig or marine craft. Your private outdoor resort experience comes alive with over 800 square feet of expansive wrap-around decks and porches, offering a lovely peek-a-boo view of the shimmering Gulf waters and the ultimate setup for open-air dining, entertaining, or catching the sea breeze. These massive porch spaces overlook a fully privacy-fenced backyard. Designed with the plumbing and septic strategically placed in the front yard, the back is completely open and perfectly cleared for an inground swimming pool or a large lawn area for kids and pets to play. The yard already features a matching exterior storage building that is perfectly positioned to be easily converted into your own custom tiki bar, pool house, or surf shack. Complete with a built-in sprinkler system, outdoor shower, and a durable metal roof, this newer home is completely turnkey and ready for its next chapter.

Interior, Amenities & More

Interior Features: Double Vanity, Upper Level Primary, Walk In Closets

Appliances: Electric Oven, Electric Water Heater

Security: Smoke Detectors

Heating: Central, Electric

Cooling: Central Air, Ceiling Fans

Square Footage Source: Appraiser

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Ask About This Home

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Call (850) 866-1149

Listed by Chris C Overman, Dalton Wade Inc · chrisoverman@yahoo.com

Equal Housing Opportunity
Equal Housing
Opportunity
Listing data provided by: Central Panhandle Association of Realtors (CPAR) Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Brokerage: Century 21 AllPoints Realty, licensed real estate broker.